Important Update: FAFSA Application Period Opening on December 31st 2024
By Donelle Kremke
December 15, 2023
As we step into the new year, we wanted to bring to your attention a significant change in the Free Application for Federal Student Aid (FAFSA) timeline. This year, the FAFSA application period is set to open on December 31st, deviating from its usual opening date of October 1st.
Whether your child is a high school senior preparing for college or you have a child already in college, the timely completion of the FAFSA is crucial in securing the financial aid necessary for their education. In light of the delayed release date for the 2024-25 academic year, we recommend completing the FAFSA by February 1st. This will put you at the front of the line, allow the financial aid office to review your FAFSA submission, and provide you with a financial aid award letter as soon as possible.
Completing the FAFSA by February 1st allows you to:
1. Maximize Financial Aid Opportunities: By submitting the FAFSA early, you increase your chances of qualifying for various forms of financial aid, including grants, scholarships, and federal student loans.
2. Plan Effectively: Early completion of the FAFSA enables you to promptly assess your child’s potential financial aid awards. This, in turn, gives you the time to make informed decisions about their education and choose the financial aid package that best suits your family’s needs.
3. Avoid Unnecessary Stress: By tackling the FAFSA early in the year, you can alleviate stress and uncertainties, allowing for a smoother transition into the next academic year.
Additionally, please remember that state and college deadlines may vary, so it’s essential to check for specific deadlines related to your child’s chosen institutions.
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